Aust stocks flat at noon

Local market pulls back from earlier 5-year high after Wall St recovery.

The Australian stock market pulled back from a five-year high at noon after Wall Street snapped a five-day losing streak following some solid economic data.

At 1205 AEST, the benchmark S&P/ASX200 index was 0.18% higher at 5,304.1 points, while the broader All Ordinaries index gained 0.2% to 5,298.8 points.

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